Novatae Risk Group
January 5, 2024
Insurers Survive 2023: Q4 2023 Personal Lines Composite Rate Up 4.75% Large Rate Increases Continue for CAT-Exposed Homes Insurance companies made it through 2023 better than […]
January 5, 2024
Market Barometer
US Commercial Composite Rate for 2023 Up 4.56%
US Commercial Composite Rate for 2023 Up 4.56% Insurers relax increases in select industries The US commercial insurance buyer paid a slightly lower premium on average […]
October 9, 2023
Market Barometer
Personal Lines Rates Moderate
Personal Lines Rates Moderate Relatively benign hurricane season encourages insurers but hottest summer on record creates separate concerns The composite rate for personal lines across the […]
October 9, 2023
Market Barometer
Commercial Insurance Rates Moderate in Third Quarter 2023
Commercial Insurance Rates Moderate in Third Quarter 2023 Composite rate measured 3.72% In 2023, third quarter commercial insurance rates were plus 3.72% as compared to plus […]